Ülker Bisküvi closed the first nine months of 2025 with a revenue of 80.9 billion Turkish lira, according to a statement submitted to the Public Disclosure Platform (KAP).
The company reported an EBITDA margin of 17.8% for the same period.
Ülker CEO Özgür Kölükfakı said they aim for consistent, competitive, profitable, sustainable, and people-oriented growth. Emphasizing the importance of closely monitoring developments, trends, and risks and taking quick action, Kölükfakı stated:
“We are the market leader in Türkiye, and we maintain our leadership with a strong financial structure and an innovative, consumer-focused approach. We continued to lead the biscuit market in Saudi Arabia and Egypt as well. With our Ülker master brand and all sub-brands, we embrace the principle of ‘Happiness in Every Bite’ and act with the philosophy ‘Make people happy, be happy’.”
Kölükfakı highlighted innovation as one of the key factors behind their success, noting that they continue to introduce new products. He listed several limited-edition items, including Saklıköy Enriched Grains, Hanımeller Milk Chocolate Cookies, Ülker Chocolate Dolu Dolu, Dido Nut Milk Chocolate Hazelnut, and Dankek Rulo Pasta Banana.
He also recalled that the company recently introduced its new product line, Ülker Chocolate Istanbul, and said investments across areas such as R&D and digitalization enable them to offer new products and services aligned with consumer expectations.
New 5-Year Syndicated Loan Agreement
Kölükfakı noted that the company has signed a new five-year syndicated loan agreement—structured as a bullet payment at maturity—aimed at refinancing the $250 million, three-year syndicated loan they acquired two years ago.
He emphasized that this new financing is the first five-year, maturity-bullet syndicated loan received by a private company in the past five years. The CEO described the agreement as a reflection of the company’s stable growth strategy and long-standing relationships with international financial institutions.
“We believe that this long-term agreement is an important sign of confidence for both our country and our company,” he said.
Focus on Sustainability and Governance
Kölükfakı also underlined that Ülker continues to contribute to the transformation of the global food system through its no-waste corporate culture.
He explained that the company has been advancing its sustainability efforts since 2014 under long-term strategic goals, continuously improving its governance structure and strengthening resilience against risks.
In addition to the 2024 Sustainability Report, Ülker has for the first time published a compliance report aligned with the Türkiye Sustainability Reporting Standards (TSRS). The report includes the company’s climate-related risks and opportunities prepared in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), covering governance, strategy, risk management, and metrics-targets.